Articles about Nexus Venture Partners

Indian start-ups that crashed in 2017

10 Sep 2017

India
Indian start-ups that crashed in 2017

A recent study, titled "Entrepreneurial India" by the IBM Institute for Business Value and Oxford Economics, showed that 90% of Indian start-ups fail within the first five years.

Snapdeal-Flipkart merger comes to a halt as Azim Premji objects

23 Jun 2017

Flipkart
Snapdeal-Flipkart merger comes to a halt as Azim Premji objects

According to reports, Snapdeal's merger with rival Flipkart has hit one more roadblock, which can potentially drive down the embattled firm's agreed upon valuation of $1 billion for the sale, if not jeopardize the deal completely.

Snapdeal's future gets messier with unexpected funding, issuance of shares

30 May 2017

Snapdeal
Snapdeal's future gets messier with unexpected funding, issuance of shares

Just when you thought the Snapdeal saga was at its very end, there is a new twist in the tale.

UberEATS and Zomato bid to acquire Runnr

15 May 2017

Zomato
UberEATS and Zomato bid to acquire Runnr

According to reports, UberEATS and Zomato are separately trying to acquire Runnr, the last-mile delivery service provider.

Snapdeal initiates payments of laid-off employees

03 May 2017

Flipkart
Snapdeal initiates payments of laid-off employees

Two months after layoffs at Snapdeal, the company has begun initiating due payments of the 1,000-1,500 affected employees; severance packages reportedly range between 2-4 months of salaries.

Cash-strapped Snapdeal vacates 60% of Gurgaon office space

25 Apr 2017

Flipkart
Cash-strapped Snapdeal vacates 60% of Gurgaon office space

In yet another sign of a severe cash-crunch, Snapdeal is vacating 60% of its Gurgaon office-space after mass layoffs in February.

Stayzilla founder Yogi finally gets bail

11 Apr 2017

India
Stayzilla founder Yogi finally gets bail

Stayzilla founder Yogendra Vasupal, arrested last month for alleged fraud, has been granted bail by the Madras HC. He will have to deposit Rs. 40L within a week "to establish bonafide intentions".

A month after shutting down, start-up Stayzilla's CEO arrested

15 Mar 2017

India
A month after shutting down, start-up Stayzilla's CEO arrested

Yogendra Vasupal, the CEO of Stayzilla has been arrested by Chennai police and locked up in Puzhal prison.

Stayzilla shuts down, may reboot with different model

24 Feb 2017

India
Stayzilla shuts down, may reboot with different model

Chennai-based online homestay and alternative stay aggregator Stayzilla has announced the suspension of operations, even as India's e-commerce sector is fighting to survive.

2016 Year in Review for Indian unicorns

31 Dec 2016

Flipkart
2016 Year in Review for Indian unicorns

The term "unicorn" was promoted by venture capitalist Aileen Lee to describe start-ups which were valued at over $1 billion.

Top venture capital firms and their successful strategies

22 Dec 2016

WhatsApp
Top venture capital firms and their successful strategies

With the end of the year nearing, the top three biggest venture capital funds in India have scripted big numbers this year, reports find.

Pune-based startup Druva raises $51 mn in funding
Pune-based startup Druva raises $51 mn in funding

Pune-based data protection solutions start-up Druva Inc. announced that it raised $51 million in funding.